Meta is creating a new class of stock for AI, and other hyperscalers are next | Sozzi Unleashed
Sozzi Unleashed (9:30–10:00 a.m. ET)
Meta told investors it will create a new class of non-voting stock, handed to shareholders as a dividend, to help fund an AI buildout it has guided at $130 billion to $145 billion this year. The read here is that this is the template and other hyperscalers follow. A keyword count on this week’s releases: “superintelligence” came up 14 times at SpaceX and 12 at Meta, against twice each at Tesla and IBM. Plus nearly two million unsupervised Robotaxi miles, a Bernstein note on what CoreWeave still has to raise, and Procter & Gamble Chief Financial Officer Andre Schulten on the consumer.
Sozzi Unleashed is live weekdays 9:30-10am ET with Yahoo Finance Executive Editor Brian Sozzi.
#Meta #Tesla #AI #SozziUnleashed #YahooFinance
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